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New study on financial crises

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20 June, 1999International metal union publishes document on economic globalisation and financial crises, their impact and the challenges they pose for metalworkers.

GENEVA: In a document just published by the International Metalworkers' Federation, entitled "Economic Globalisation and Crises: Challenges for Metalworkers," the international trade union organisation examines the financial crises and imbalances which have occurred with increasing frequency since the demise of the Bretton Woods system of fixed exchange rates.
The financial crisis in Asia is only a recent example, but it has had wider repercussions than its predecessors.
Altogether, these developments have had powerful and negative consequences for metalworkers worldwide. This publication studies the causes of these problems and their impact, as well as solutions advocated by unions for sustainable growth and development.